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Dec 10, 2013 4:00am EST
president of south africa, nelson mandela. president obama, ban ki-moon and president zumba are all scheduled to speak, as well. >>> five years after the financial crisis, u.s. regulators are set to approve the so-called volcker rule. >>> european finance ministers are close to a deal to allow them to wind down failing banks, paving the way of the situation of an eu banking union. >>> the era of government motors draws to a close. the u.s. government selling its remaining stake in gm four years after the automaker's bailout. >>> nokia owes india up to $3.4 billion in taxes. previously the sum was just $340 million. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> and a very warm welcome to you. if you've just joined us stateside, you're looking at pictures from johannesburg soccer city in soweto. the 95,000 seat stadium hosting the main memorial ceremony for nelson mandela who died last thursday, age 95. mandela was south africa's first black president passed away paus peacefully after a battle with lung infection. u.s. presid
Dec 6, 2013 4:00am EST
president. and in 2011, he was paid a visit in south africa by first lady michelle obama who brought along first daughters malia and sasha. admired around the world and revered at home, nelson mandela's south africa embraced a future and he leaves a legacy of freedom and proof that one life can make a difference. >> we are one country. we are one people. >> let's just take a look at the johannesburg stock market. we saw in the past half an hour, there was a five-minute pause to trade to go mark mandela's passing. it's been one of the stronger performers so far this year, 13 plus percent the size of the gains. the currency, the opposite story that we've seen pressure on the south african rand of late. dollar/rand rates are up, which means the rand has been down 24% so far this year. we've seen further gains extended across the xetra dax. still a couple hundred points as what we had in november. but 0.4% on the ftse. the cac extending its gain now with the ftse. but this is nonfarm payrolls. the market is very much looking to see what the jobs number is going to be out of the state. bu
Search Results 0 to 1 of about 2